1. The consequences of not repaying a credit card debt of more than 10,000 yuan for two years

1. The main consequences of not repaying a credit card debt are:

(1) High overdue interest will be incurred;

(2) The bank will sue the court, and you will incur legal costs, attorney fees and other economic losses;

(3) Individuals will have a bad credit record, which will have an impact on future bank cards and loans;

(4) If the amount owed exceeds 10,000 yuan, it constitutes a crime of credit card fraud and will be prosecuted criminally responsibility.

2. Legal basis: Article 196 of the "Criminal Law of the People's Republic of China"

The crime of credit card fraud involves one of the following circumstances: carrying out credit card fraud activities, If the amount is relatively large, the sentence is to be not less than five years in prison or criminal detention, and a fine of not less than 20,000 yuan but not more than 200,000 yuan; If the amount is particularly huge or there are other particularly serious circumstances, the sentence shall be not less than 10 years in prison or life imprisonment, and a fine of not less than 50,000 yuan but not more than 500,000 yuan, or property confiscation:

(1) Using a forged credit card, or using a credit card fraudulently obtained with false identification;

(2) Using an expired credit card;

(3) Pretending to use other people’s credit cards;

(4) Malicious overdraft.

The term "malicious overdraft" as mentioned in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession and failing to return the card after being called upon by the card-issuing bank.

Whoever steals a credit card and uses it for the crime of theft shall be convicted and punished in accordance with the provisions of Article 264 of this Law.

2. Will you be sued if you owe more than 10,000 to a credit card?

Will you be sued if you owe more than 10,000 to a credit card? As long as the money is owed, the bank may sue, which is decided by the bank, as follows:

1. If the amount of the debt is more than 50,000 and it has been collected for more than 3 days after two collections by the card-issuing bank. If the amount is still not returned after 3 months, it shall be deemed as a "malicious overdraft" under the criminal law and suspected of credit card fraud;

2. The amount of malicious overdraft is relatively large and all the overdraft interest has been repaid before the public security organ files the case. The circumstances are obvious. If it is minor, you may not be held criminally responsible according to law;

3. If you engage in credit card fraud, if the amount is relatively large, and if it is serious, you will be held criminally responsible.